About 2451 Nw Old Thompson Bridge Road
Exceptional income-producing investment opportunity in the Lake Lanier corridor of Gainesville, GA. This offering includes four fully completed, 100% occupied Class A condominium units built in 2023, providing immediate cash flow with modern, low-maintenance construction. Each unit features approximately 1,440 square feet with 3 bedrooms and 3.5 bathrooms. Current gross rental income is approximately $90,600 annually based on the existing rent roll. The property offers lake views from the condominium units and is within walking distance of Holly Park and minutes from Lake Lanier, shopping, dining, medical facilities, and major employment centers, making it an attractive long-term investment in one of North Georgia's fastest-growing markets. An additional opportunity is available to purchase five slab-ready condominium sites separately or in combination with the completed units. The development portion includes existing basement slabs, utilities in place, previously issued permits, and civil engineering plans, providing the potential to expand the existing rental portfolio. The four completed condominium units, the five slab-ready condominium sites, or the entire package may be purchased together or separately. Updated leases, rent roll, financial information, permits, and development documentation are available upon request.
Features of 2451 Nw Old Thompson Bridge Road
| MLS® # | 7738614 |
|---|---|
| Price | $1,849,999 |
| Acres | 0.01 |
| Year Built | 2024 |
| Type | Residential Income |
| Sub-Type | Other |
| Status | Active |
Community Information
| Address | 2451 Nw Old Thompson Bridge Road |
|---|---|
| Subdivision | Hidden Cove |
| City | Gainesville |
| County | Hall - GA |
| State | GA |
| Zip Code | 30501 |
Amenities
| Utilities | Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available |
|---|---|
| Parking Spaces | 9 |
| Parking | Detached, Level Driveway, Parking Lot |
| View | Lake |
| Is Waterfront | Yes |
| Waterfront | Lake Front |
| Has Pool | No |
Interior
| Heating | Central |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| Stories | Three Or More |
Exterior
| Lot Description | Wooded |
|---|---|
| Windows | Double Pane Windows |
| Roof | Composition |
| Construction | Cement Siding, Concrete |
School Information
| Elementary | Enota Multiple Intelligences Academy |
|---|---|
| Middle | Gainesville East |
| High | Gainesville |
Additional Information
| Days on Market | 119 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | EXP Realty, LLC. |
|---|
